HP gobbles up ArcSight for $1.5 billion

Posted on Monday, September 13 2010 @ 19:13 CEST by Thomas De Maesschalck

Earlier this month HP acquired 3Par for $2.35 billion, and now news hit the web that the company has also agreed to acquire security vendor ArcSight for $1.5 billion:

Hewlett-Packard will soon purchase security vendor ArcSight for $1.5 billion, the Wall Street Journal reported Sunday.

Citing unnamed sources, the Journal said that the deal could be announced as soon as Monday. ArcSight sells a well-regarded product that gives system administrators a way to monitor their networks and activity logs for signs of hacking or unauthorized activity.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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